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To: dawgfan2000 who wrote (38403)12/19/2000 1:12:38 PM
From: Gersh Avery  Respond to of 42787
 
Absoultly FUGLY!

Had not even considered that one!

"What surplus?"

thanks



To: dawgfan2000 who wrote (38403)12/19/2000 1:24:01 PM
From: Peace  Respond to of 42787
 
Good point. But that same point argues even more for a rate cut. If the surpluses start shrinking that will negatively impact the debt buyback plan of the treasury putting pressure on yields to rise.



To: dawgfan2000 who wrote (38403)12/19/2000 2:16:59 PM
From: Paul Shread  Read Replies (3) | Respond to of 42787
 
No change in rates, but bias changed to concern about a slowdown. Looks like easing bias.



To: dawgfan2000 who wrote (38403)12/19/2000 2:44:57 PM
From: Jack T. Pearson  Read Replies (1) | Respond to of 42787
 
I believe you are correct regarding a tax shortfall. I heard on the radio this morning that some states are already seeing revenues falling below expectations.

I would have loved to have witnessed Bush's meeting with Greenspan yesterday. Bush characterized it as a very forceful discussion about his confidence in Greenspan's abilities. That doesn't sound like a discussion. I suspect Greenspan responded with a long pause.


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